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View all PreK-12 NYS Learning Standards in a dropdown list format.
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          • Social Studies Practice Detail - SS.SSP.5.4.1:
            Explain how scarcity necessitates decision making; employ examples from the Western Hemisphere to illustrate the role of scarcity historically and in current events.
          • Social Studies Practice Detail - SS.SSP.5.4.2:
            Show examples of various types of resources (human capital, physical capital, and natural resources) required to provide goods and services.
          • Social Studies Practice Detail - SS.SSP.5.4.3:
            Provide examples of how currency makes exchange easier by comparing a barter economy to a currency-based economy; examine why corporations and labor unions have a role in a market economy.
          • Social Studies Practice Detail - SS.SSP.5.4.4:
            Examine the role of job specialization and trade historically and during contemporary times in the Western Hemisphere.
          • Social Studies Practice Detail - SS.SSP.5.4.5:
            Explain the meaning of unemployment, inflation, income, and economic growth in the economy.
          • Social Studies Practice Detail - SS.SSP.5.4.6:
            Describe government decisions that impact economies in case studies from the Western Hemisphere.
  • Standard Area - TECH: Learning Standards for Technology
    (see MST standards under Previous Standard Versions)
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